TFLR vs CLSE
Comparison between T. ROWE PRICE FLOATING RATE ETF (TFLR, ETF) and CONVERGENCE LONG/SHORT EQUITY ETF (CLSE, ETF).
TFLR vs CLSE - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
TFLR
$613M
Winner
CLSE
$614M
Expense Ratio
Winner
TFLR
0.61%
CLSE
1.52%
Max Drawdown
Winner
TFLR
5.55%
CLSE
16.55%
Sharpe Ratio
TFLR
0.74
Winner
CLSE
2.85
5Y Beta
Winner
TFLR
0.17
CLSE
0.65
P/E Ratio
TFLR
N/A
CLSE
17.02
Forward P/E
TFLR
N/A
CLSE
16.77
5Y EPS CAGR
TFLR
N/A
CLSE
34.38%
Debt to Equity
TFLR
N/A
CLSE
6.82%
P/S Ratio
TFLR
N/A
CLSE
1.17
P/B Ratio
TFLR
N/A
CLSE
5.05
TFLR vs CLSE - Historical Returns
Returns include dividend reinvestment.
1M
TFLR
-0.08%
Winner
CLSE
+4.01%
3M
TFLR
+1.61%
Winner
CLSE
+22.70%
6M
TFLR
+1.49%
Winner
CLSE
+26.89%
1Y
TFLR
+5.23%
Winner
CLSE
+50.84%
5Y(CAGR)
TFLR
N/A
CLSE
+21.71%
Max(CAGR)
TFLR
+7.83%
Winner
CLSE
+21.71%
TFLR vs CLSE - Annual Returns (2022 - 2026)
Returns include dividend reinvestment.
| Year | TFLR | CLSE |
|---|---|---|
| 2026 | +1.16% | +24.04% |
| 2025 | +6.40% | +19.81% |
| 2024 | +8.86% | +36.85% |
| 2023 | +11.92% | +17.91% |
| 2022 | -0.41% | -3.03% |
TFLR vs CLSE Drawdown Comparison
The maximum drawdown for TFLR was -4.01%, occurring on Apr 4, 2025. Recovery took 50 trading sessions.
The maximum drawdown for CLSE was -16.45%, occurring on Apr 4, 2025. Recovery took 130 trading sessions.
The current TFLR drawdown is -0.30%. The current CLSE drawdown is -0.47%.
| Rank | TFLR | CLSE |
|---|---|---|
| #1 | -4.01% Feb 21, 2025 - May 5, 2025 | -16.45% Jan 23, 2025 - Jul 31, 2025 |
| #2 | -2.17% Jan 22, 2026 - Apr 17, 2026 | -14.28% Apr 20, 2022 - Jul 17, 2023 |
| #3 | -1.48% Mar 8, 2023 - Apr 5, 2023 | -7.41% Jul 10, 2024 - Sep 19, 2024 |
| #4 | -1.05% Jul 31, 2024 - Aug 23, 2024 | -4.85% Feb 25, 2026 - Apr 7, 2026 |
| #5 | -0.97% Nov 17, 2022 - Jan 4, 2023 | -4.78% Oct 11, 2023 - Nov 9, 2023 |
| #6 | -0.81% Sep 14, 2023 - Nov 2, 2023 | -4.66% Apr 5, 2024 - May 8, 2024 |
| #7 | -0.62% Jun 13, 2024 - Jul 2, 2024 | -4.40% Nov 10, 2025 - Nov 28, 2025 |
| #8 | -0.61% May 1, 2023 - Jun 2, 2023 | -4.22% Dec 6, 2024 - Jan 21, 2025 |
| #9 | -0.50% Feb 7, 2023 - Mar 8, 2023 | -3.66% Mar 25, 2022 - Apr 20, 2022 |
| #10 | -0.50% Oct 2, 2025 - Oct 22, 2025 | -3.56% Mar 3, 2022 - Mar 15, 2022 |
| #11 | -0.48% Mar 20, 2024 - Apr 5, 2024 | -3.36% Jul 18, 2023 - Aug 31, 2023 |
| #12 | -0.37% Apr 24, 2023 - Apr 27, 2023 | -3.21% Sep 19, 2025 - Oct 24, 2025 |
| #13 | -0.35% May 27, 2026 - Jun 10, 2026 | -3.14% Jun 3, 2026 - Jun 10, 2026 |
| #14 | -0.30% Oct 4, 2024 - Oct 9, 2024 | -2.62% Feb 2, 2026 - Feb 6, 2026 |
| #15 | -0.29% Jul 21, 2025 - Aug 13, 2025 | -2.62% Nov 12, 2024 - Dec 6, 2024 |
Correlation
Correlation between TFLR and CLSE is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.
0.95
-101
Dividend Comparison (2022 - 2026)
TFLR vs CLSE dividend yield comparison.
| Year | TFLR | CLSE |
|---|---|---|
| 2026 | 2.67% | 0.00% |
| 2025 | 6.93% | 0.95% |
| 2024 | 8.18% | 0.93% |
| 2023 | 7.76% | 1.21% |
| 2022 | 0.58% | 0.85% |
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